Treasury Secretary Scott Bessent ripped California Gov. Gavin Newsom for his comments calling the Trump official “smug.”
On Tuesday, Bessent spoke on a panel at the World Economic Forum in Davos, Switzerland, where he said some parents may be buying “five, 10, 12 homes” for retirement. Newsom took to X to reshare a clip of the remarks, writing: “Could this smug man be more out of touch?”

In response, Bessent snapped back, calling the governor “too smug, too self-absorbed and too economically illiterate.”
“Governor Newsom, who strikes me as Patrick Bateman meets Sparkle Beach Ken, may be the only Californian who knows less about economics than Kamala Harris,” Bessent told a Fox reporter in Davos.
“He’s here this week with his billionaire sugar daddy, Alex Soros, and Davos is a perfect place for a man who, when everyone else was on lockdown, was having people arrested for going to church.”


